Sweet Lisbon 1 | Page 7

drinks, some gelato deserts and sweet treats. All these products reflect the company’s philosophy of high quality with Italian basis, as it is the case for the Italian coffees. On the one hand, Amorino serves its ice cream in a traditional manner, meaning in a cone, ranging from 3 different sizes (small, medium, large), or a cup, ranging from 5 different sizes (small, medium, large, giant, and super giant). On the other hand, Amodelivers its ice dhood friends, Cristiano rino creams in a flower assi, the Amorino brand shape, differentiating itself from its compassion of the creators is petitors. Moreover, Amorino supplies amental values: demand boxes of 550ml and 1100ml to take severance, pleasure and home. ” ors and decorations. Price Amorino sells the small, medium, large, giant, and super giant ice creams at prices of €3.50, €4.50, €5.50, €7.50, and €9.50, respectively. However, the giant and super large ice creams are only available in a cup. The takeaway boxes cost €11.50 (550ml) and €22.00 (1100ml). Seeing that Amorino is a franchise and is present in several locations around the world, the price has to be uniform at a global level. Given that Portugal has a low cost of living, Amorino’s prices are relatively high in relation to some of its national competitors. Nevertheless, at a global level, these prices are not considered unreasonable, consequently, Amorino attracts a lot of tourists. Additionally, the company has other expenditures other than costs of goods sold. The main non-operational costs are: higher distribution costs, since its suppliers are globally distributed; promotional, and tourist location costs. These additional expenses explain the steepness of the prices in relation to other competitors. Place Amorino is already consolidated in the market at a global level. However, concerning this analysis, we focus on the Portuguese handmade ice cream market. Hence, only Portuguese locations are analyzed. Amorino currently has three ice cream shops in Lisbon. These shops are geographically distributed in a way to reach as many consumers as possible. One store is located in the northern part of Portugal in Porto, two in the middle of Portugal in Lisbon and, lastly, one in south of Portugal in the Algarve. In the Lisbon area, Amorino is situated in the heart of tourism in two locations, one in Baixa and another in Chiado. These locations are solemnly five minutes away from each other (400m). Given the elevated number of tourists, the two store’s closeness is justifiable in order to satisfy the demand. This year, Amorino opened one store in Porto and an- 6